General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsat140
(6,110 posts)It will save Drumpf millions on servicing his own yuge debt.
Florida Bull
(103 posts)The Federal Reserve interest rate is too low. We will probably have another recession without Glass-Steagall. Even Dodd-Frank was given a big loophole.
Real estate costs and the stock market are over-inflated. And, we should increase demand for the U.S. Dollar, so it can purchase more not less in our economy. I know there are other factors in the health of a national economy, but countries with stronger currencies tend to be wealthier, like the United Kingdom and the European Union compared to Russia and some Latin American countries.
I miss having a President who did not make every policy all about himself.
at140
(6,110 posts)Yavin4
(35,432 posts)With no real wage growth, folks are tapped out. Add in the govt. shutdown at the start of the year and the light refund checks, and you get a consumer base that's pretty much tapped out. There's no more room for increased consumption. So, lower borrowing costs to juice more borrowing and consumption.
This is why they appointed Moore to the Fed.
Wellstone ruled
(34,661 posts)Trump's Interest Charges went up several million last year. All his loans are most likely pegged at prime plus Libor. Understand it cost him and extra 12 million last year.